Questions

Q:

In which market form, a market or an industry is dominated by a single seller?

A) Oligopoly B) Monopoly
C) Duopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
He did not go (1)/ to the temple on foot (2)/ he went there by the car. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

People would see bitcoin’s current price rise (1)/ as merely a reflection of their bright future (2)/ as a stateless currency. (3)/ No error. (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Q:

Which of the following periodicals is not correctly matched with its editor?

A) Bande Mataram:Aurobindo Ghosh B) New India:Bipin Chandra Pal
C) Yugantar:Bhupendranath Dutta D) Sandhya:Barindra Ghosh
 
Answer & Explanation Answer: D) Sandhya:Barindra Ghosh

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Q:

Which dynasty was started by Khizr Khan ?

A) The Sayyids B) The Lodhis
C) The Rajputs D) The Khiljis
 
Answer & Explanation Answer: A) The Sayyids

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Q:

Tripitakas are sacred books of _______.

A) Sikhs B) Jews
C) Buddhists D) Muslims
 
Answer & Explanation Answer: C) Buddhists

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